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RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,300 1 10,500 2 13,200 3 15,100 4 12,200

RAK Corp. is evaluating a project with the following cash flows:

Year

Cash Flow

0

$

28,300

1

10,500

2

13,200

3

15,100

4

12,200

5

8,700

The company uses an interest rate of 9 percent on all of its projects.

Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

MIRR

%

Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

MIRR

%

Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

MIRR

%

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